Yesterday's Alberta land sale result of $4.13 million can only be described as disappointing after the previous sale on August 31st brought in $16.56 million. That would make this result the third lowest of the 16 sales held so far this year. There were a total of 78 parcels with successful bids for this sale and the cumulative total for all 2016 Alberta land sales now stands at $114.8 million. The chart below illustrates the trend of the Alberta land sale results for all of 2016 and [Read more]
Alberta August 31 Landsale Best of the Year at $16.56 Million
The August 31st Alberta land sale brought in $16.56 million, which is enough to make this the highest earning sale for 2016. This just edged out the previous high sale which was $16.1 million on June 22. There were a total of 64 parcels with acceptable lease bids for this sale and the cumulative total for all 2016 land sales now stands at $110.7 million. The chart below illustrates the trend of the Alberta land sale results for all of 2016 and also shows the running total for the [Read more]
Alberta Land Sale Nets $10.2 Million
The August 17th Alberta land sale, has earned Alberta a total of $10.2 million, which is down slightly from the $11.4 million result from the August 3 land sale. There were a total of 75 parcels with acceptable lease bids and no Oil Sands Leases available for this sale. The total for all 15 sales so far this year is $97.3 million compared to $204.8 million for this time last year. British Columbia and Saskatchewan also held land sales this month and the results were $0.89 million and [Read more]
Alberta August 3 Land Sale Nets Second Largest Result for 2016
The 14th Alberta land sale of the year, held on August 3, has earned Alberta a total of $11.21 million, making this the second largest sale result of the year. The biggest Alberta sale so far for 2016 was on June 22 and that one netted $16.1 million for the province. There were a total of 72 parcels with acceptable lease bids including 3 Oil Sands Leases for this sale. The total for all 14 sales so far for 2016 is $76.2 million. This is still well behind this time last year, when the total [Read more]
Alberta Earns $5.74 Million in July 20 Landsale
The 13th Alberta land sale of the year, held yesterday on July 20, has earned Alberta a total of $5.736 million, down slightly from the $6.282 million result of the July 6 land sale. There were a total of 76 parcels with acceptable lease bids and no Oil Sands Leases for this sale. The total for all 13 sales so far for 2016 is $75.8 million. The chart below illustrates the trend of the sale results for all of 2016 so far. The total area of the 76 parcels in this week's [Read more]
July 6 Alberta Land Sale Results in $6.28 million
The 12th Alberta land sale of the year, held yesterday on July 6, has netted the Province of Alberta a total of $6.282 million. This is the 4th highest result so far, for 2016. This follows on the heels of the largest sale of the year held two weeks ago, on June 22, which brought in a respectable $16.1 million. There were a total of 85 parcels with acceptable lease bids, including 5 Oil Sands lease. The total for all 12 sales so far this year is $$70.1 million. The chart [Read more]
Alberta May 25 Land Sale Results Rebound to $4.1 million
This week's Alberta Crown Mineral Rights Sale was held on Wednesday, May 25 and produced $4.1 million in proceeds for the province. This is a dramatic turn around from the previous sale, May 11, which only resulted in $1.1 million in revenue. There were a total of 52 parcels with acceptable lease bids, including 1 Oil Sands lease. The total for all 9 sales so far this year is $44.5 million. The chart below illustrates the trend of the sale results for all of 2016 so far. The total [Read more]
May 11 Alberta Landsale Nets $1.09 Million
Yesterday's Alberta Crown Mineral Rights Sale results are now available and the sale has netted the province a total $1,091,193.62 for 46 parcels. This includes $61,690.63 paid for 3 Oil Sands leases and brings the total for the 8 sales so far this year to $40.4 million. The sale amount is well below the average sale proceeds so far this year, which stand at $5.1 million. The chart below clearly illustrates the downward trend of the sale results for the last few [Read more]
April 27 Alberta Land Sale Generates $4.89 Million
The latest Alberta Crown Mineral Rights Sale was completed yesterday and the total amount earned was $4,885,169.42 for 45 parcels. The proceeds to the province for the 7th sale of 2016 are down 20% from the April 6 Landsale and the total is slightly below the average so far this year of $5.61 million per sale. The chart below illustrates the trend of sale results so far this year. The total area of the 45 parcels was 19.8 thousand hectares. While the proceeds were lower than the [Read more]
Alberta Earns $6.12 Million in Wednesday’s Land Sale
The April 6, 2016 Alberta Landsale results are in and the total proceeds were $6,125,049.49 for 83 parcels. This was the 6th sale of 2016 and while the total is lower than the last sale, March 23, it is slightly above the average so far this year of $5.73 million. The chart below illustrates the trend of sale results so far this year. The total area of the 83 parcels was 66.1 thousand hectares and the average sale price was $92.62 per hectare, compared to $99.52 per hectare on March [Read more]